Annuities
Annuities are often misunderstood and frequently underutilized in estate planning. Nearly all financial instruments have pluses and minuses and it is important to know what they are before placing your hard earned money in any of them.
Today's Annuities have many benefits with very little drawbacks. The wide variety of Annuity products available give you options that will likely meet your goals with virtually no risk.
Did you know that Annuities:
- Can safely grow tax deferred (Bank CD's do not)
- Can provide a guaranteed lifetime income stream you can't outlive
- Can be used in your retirement accounts
- Often pay bonuses as high as 10% and some as high as 20%
- Have "walk away" options in as little as 5 years with no penalties
- May offer accelerated benefit options if confined to nursing home or other care facility
- Bypass probate when a properly named beneficiary is listed other than the estate
- Most offer flexible premium options to allow you make additional contributions as you deem necessary
- May reduce the amount of taxes you pay on social security income
- Protect assets from collection from creditors
- Offer relief from Capital Gains and Federal income tax
- Enjoy possible double digit yield without the market risk
Representing Allianz Life, ING, American Equity, and Sun Life
If you would like to meet with Kathy to discuss Annuities, give her a call. She will assist you in any way she can!
Kathy Baker
Employee Benefits Representative, Office (865) 237-3739 FAX (865) 947-3739
"This is the day the Lord has made, let us rejoice and be glad in it." Psalm 118:24 .